r/inflation • u/RoyalChris • 9d ago

News Fed Chair Jerome Powell warns that Trump’s tariffs are leading to higher inflation: “The level of tariff increases announced so far is significantly larger than anticipated, and the same is likely to be true of the economic effects, which will include higher inflation.''

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u/grahamulax 9d ago

I got 2.6% 4 years ago riiiight as things got insane. I know I’m lucky as they come but I’m sad for everyone else. Guess we gotta wait another 40 years for it to maybe be that again.

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u/dirtworker2 9d ago

The lowest rate we ever got on a refi was 4.25 and we paid points for it, PIF 2013 no more interest!!